Project for Strengthening Assets, Markets and Rural Development Policies in the Northern Highlands - IFAD
Project for Strengthening Assets, Markets and Rural Development Policies in the Northern Highlands (Sierra Norte)
This project aims to protect and enhance the natural and cultural heritage of poor rural households in the northern highlands of Peru. It also works to strengthen community organizations in rural areas and open new markets for entrepreneurial activities.
Specifically, the project:
- Helps small-scale producers and entrepreneurs contract technical assistance to improve the production, marketing and management of rural enterprises
- Provides financial and non-financial services to help rural poor people, mainly women and young people, develop new business initiatives and contract the services required to implement them
- Reduces livelihood risks through promotion of savings and micro-insurance.
The project carries forward participatory and innovative approaches implemented in previous IFAD projects in the highlands region. These approaches include awards systems for allocation of resources and participatory community mapping for natural resource assessment.
Source: IFAD
Additional Data
-
Total Project Cost
US$ 25.34 million
-
IFAD Financing
US$ 14.4 million
-
Financing terms
Ordinary
Co-financiers (International)
-
Global Environmental Facility
US$ 1.72 million
-
ACTION AID
US$ 1 million
Co-financiers (Domestic)
-
Beneficiaries
US$ 1.21 million
-
National Government
US$ 5.35 million
-
Local Government
US$ 1.65 million
Project Contact
-
Jesus Quintana